Money Transfer

Transfer money to any bank account any where in India at any time (Domestic money remittance service)

e-mythri, in association with Business Correspondents / facilitators of Banks, brings you the convenience of transferring money from e-mythri Shop near your place of residence to any Bank account across the country at any time.

e-mythri, in association with Business Correspondents / facilitators of Banks, brings you the convenience of transferring money from e-mythri Shop near your place of residence to any Bank account across the country at any time.

E-mythri Money transfer enables domestic money transfer through a very safe channel to almost all banks in the Indian Territory

It enables walk in customers (even without bank account from place of transfer) to transfer funds to bank accounts anywhere in India.

Convenience to old people, working couple to send money at a location near their home than waiting in long queues in banks during the limited banking hours.

Convenience to smaller traders, small shop owners to transfer money into their supplier’s bank account at a convenient time beyond banking hours.

e-mythri DOMESTIC MONEY TRANSFER- SWIFT, SAFE AND SECURE

RBI approved payment system

Safe money transfer Guaranteed

Flexible and extended agent timings

No waiting in long queues

Money transferred to beneficiary within 24hrs

SPECIAL FEATURES OF e-mythri MONEY REMITTANCE

Fund transfer of smaller value

Very Quick delivery

Prompt customer service

Low transfer fees

SAFE, SWIFT, LOW COST AND RELIABLE SERVICE TO CUSTOMER

Domestic Money Transfer in association with Yes bank / iCashCard is an end to end remittance solution especially for migrant workers, old people, working couple, small traders and small shop owners.

Working Methods

The domestic money remittance facility is available to all the Emythri Service Centers who are desirous of availing this service. He/she can carries out the remittance transactions of the senders using Emythri’s franchisee portal.

The domestic money remittances are facilitated through two modes of transfers. One mode is the IMPS IFSC mode. Here, the money is credited in the end beneficiaries’ accounts in 3 seconds flat. This mode is available all through the clock that is, it is available 24 X 7. The mode works on all Sunday, bank holidays and national holidays. This method is possible to be used only for banks which are IMPS IFSC enabled. The system facilitates the transfer using the IFSC code of the beneficiaries’ accounts. The facility is available to most of the scheduled, nationalized and private banks in India. More Co-operative, Rural, Urban banks are enabling core banking facilities and inter bank transfers.
The second method is the NEFT mode. Here, the transactions are processed in batches and the processing is done from 9 AM in the morning to 7 PM in the evening (Monday to Friday) and from 9 AM in the morning to 1 PM in the afternoon (on Saturdays). No processing is done on Sundays and on bank holidays. It takes upto a maximum of 4 hours for the money to be credited in the beneficiaries’ accounts during processing times.

Every sender has to be registered on the system to be able to transfer money. The sender is required to pay registration charges to the business correspondent agent ( Emythri franchisee ) for availing this service. Once the registration is done; it holds good for a lifetime. A registered sender can transmit money via any Emythri Centers.

The sender can transfer money to upto 10 beneficiaries’ bank accounts. The maximum limit of money that can be sent in a month is RS. 2 lacs (for non YES bank accounts) and Rs. 10 lacs (for YES bank accounts). The sender needs to get his/her KYC documents approved in order to avail of higher limits for sending.